GLOBAL 5G INFRASTRUCTURE MARKET FORECAST 2020-2025

GLOBAL 5G INFRASTRUCTURE MARKET FORECAST 2020-2025

The global 5G infrastructure market is expected to reach $39382.46 million by 2025, growing at a CAGR of 63.55% during the forecast period. The base year considered for the study is 2019 & the estimated period is between 2020 and 2025. Rising demand for high speed internet is a fundamental driving force for the 5G infrastructure market. Due to the consolidation of industry 4.0 and the Internet of Things, the majority of the equipment, machinery, devices, and autonomous vehicle are interconnected with each other.

The global 5G infrastructure market is expected to reach $39382.46 million by 2025, growing at a CAGR of 63.55% during the forecast period. The base year considered for the study is 2019 & the estimated period is between 2020 and 2025.

The factors fueling the global 5G infrastructure market growth are:

Rising demand for high speed internet

Increasing use of internet

Growing demand for wearables and connected devices

Increasing demand for content streaming

Quality connectivity for industrial automation

Rising demand for high speed internet is a fundamental driving force for the 5G infrastructure market. Due to the consolidation of industry 4.0 and the Internet of Things, the majority of the equipment, machinery, devices, and autonomous vehicle are interconnected with each other. They need a network solution with large network coverage and high speed. Also, due to the increasing need for a high-speed network with improved and large coverage areas, telecom operators are producing advanced network solutions for their customers. Presently, the telecommunications industry is on the verge of technological enhancement, which further, is expected to boost the scope of the 5G network solution.

In 2019, around 67.78% of revenue share was captured by Radio Access Network (RAN). Radio access network has been a crucial element in the telecommunication industry, and the same in the case of 5G technology. As it is an important part of the telecom system, a Radio Access Network (RAN) is found between end user equipment, namely computer and mobile phones, and forms connection with its core networks. The components of RAN include base station and antennas which cover different regions depending upon their in-built capacity.

However, upgradation of the physical layer of the network architecture, small cell deployment, and availability of devices with 5g compatibility are profoundly restricting the growth of the 5G infrastructure market.

The report on the global 5G infrastructure market includes segmentation analysis on the basis of communication infrastructure and industrial verticals.

Market by Communication Infrastructure:

RAN

Transport Network

Core Network

Market by Industrial Verticals:

Consumer Electronics

Automotive

Industrial

Energy and Utilities

Others

The geographical segmentation of the global 5G infrastructure market includes four major regions:

North America: the United States and Canada

Europe: the United Kingdom, Germany, France, Italy, Russia, Belgium, Poland, and the Rest of Europe

In 2019, Asia Pacific captured the largest market share of 39.10% in terms of revenue, and is expected to continue the trend until the end of the forecast period due to initiatives taken up by the government in important developing economies towards the deployment of 5G infrastructure in the region. The extensive presence of youth in the region is improving the demand for applications, including social media, and online seaming services. In such applications, the 5G network can provide high speed data and hence can fulfill consumers’ expectations. Also, Asia Pacific is the hub of new market players in various different industries, which will boost the demand for 5G infrastructure in the region.

The Asia Pacific is also the fastest-growing region for the 5G infrastructure market. It is mostly due to the high economic growth, followed by growing application industries such as consumer electronics, automotive, machinery automation, and others.

Some of the well-known players of the global 5G infrastructure market are:

AT&T Inc

Verizon Communications Inc

NTT Docomo Inc

Orange

Vodafone Group PLC

Key findings of the global 5G infrastructure market are:

Radio access network (RAN) is the major communication infrastructure contributor for the 5G technology market.

The operating frequency, which is above 6 GHz, is increasingly preferred in the 5G infrastructure setup.